NOT LISTED FOR SALE

1347 Us Highway 98 Eastpoint, FL 32328

Estimated Value: $246,500

2.88 Acres
$85,590 Price per Acre
125,453 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $230,000

Est. 7% increase in value since last sale

Current estimated payment $1,488/month

165 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Pine Trees
  • Natural State Vegetation
  • 2.88 Acre Lot
  • No HOA

About This Lot

As of December 2023

This lot spans 2.88 acres and is situated along Hwy 98, offering convenient access. It enjoys picturesque views of the St. George Sound, providing a serene and scenic setting. A 20' shared driveway with a culvert is already in place, eliminating the need for a special driveway installation permit. This makes the process more convenient for potential buyers. The majority of the lot falls within an X-flood zone. This designation means that a home can be built without the need for expensive pilings, reducing construction costs. It is mentioned that building a dock is possible on the property. Although a permit is required for this, the builder can provide assistance in obtaining it. Having a dock would enhance water access and allow for recreational activities. The lot is just an 11-minute drive from St. George Island. This island is known for its soft white sand beaches and beautiful Gulf views. Additionally, St. George Island offers a range of amenities, such as restaurants, shops, and various recreational opportunities. Historic Apalachicola is also an 11-minute drive away from the property. This town offers shopping options and is renowned for its excellent seafood restaurants. Exploring Apalachicola provides an opportunity to experience local culture and cuisine. Outdoor Activities: Franklin County, where the property is located, offers multiple access points to saltwater and freshwater bodies. The area is known for its great fishing opportunities. Additionally, taking a boat ride in the bay can provide a chance to enjoy beautiful sunsets and scenic views. Rare Large Lots with Higher Elevations: The description emphasizes that large lots with higher elevations are scarce in the area. This makes the property a unique and desirable opportunity for interested buyers.

Last Agent to Sell the Property

Greg Eldridge

Sea Crest Real Estate, Inc. Brokerage Phone: 8506979604 License #3275777 Listed on: 06/16/2023

Last Buyer's Agent

Kay Faircloth

Sea Crest Real Estate, Inc. License #3410794

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,774

Lot Details

  • 2.88 Acre Lot
  • Property Fronts a Bay or Harbor
  • Property fronts a highway
  • Property fronts an easement
  • Rural Setting
  • Palmetto Ground Covering
  • Natural State Vegetation
  • Irregular Lot
  • Cleared Lot
  • Pine Trees
  • Zoning described as County,Residential Single Family

Additional Features

  • Bay Views
  • Septic Needed

Community Details

  • No Home Owners Association
  • Emerald Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2308S06W000000200061

Property Details

Property Type

Land

Est. Annual Taxes

$1,774

Lot Details

0

Listing Details

  • Attribution Contact: 8506979604
  • Directions: Traveling east on Hwy 98, this lot is .04 miles east of the drive of the Franklin County school entrance.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 2.88
  • Lot Size: irregular
  • Road Frontage Type: Highway, Easements
  • Subdivision Name: Emerald Point
  • Special Features: None

Exterior Features

  • Lot Features: Build to Suit, Cleared, Irregular Lot, Rural Lot, Within 1/2 Mile of Water
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Disclosures: CC&R, County Zoning

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 125452.8
  • Additional Parcels: No
  • Parcel #: 2308S06W000000200061
  • Zoning Description: County,Residential Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Dec 22, 2023
Sold by
Sinclair Craig A and Sinclair Kimberly H
Bought by
Huynh Ta Thanh
Seller's Agent
Greg Eldridge
Sea Crest Real Estate, Inc.
Buyer's Agent
Kay Faircloth
Sea Crest Real Estate, Inc.
List Price
$288,000
Sold Price
$230,000
Premium/Discount to List
-$58,000
-20.14%
Views
106
Current Estimated Value
$246,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,500
Avg. Annual Appreciation
4.21%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Huynh Ta Thanh $230,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $230,000 -13.2% --
11/16/2023 11/16/23 Price Changed $265,000 -3.6% --
10/09/2023 10/09/23 Price Changed $275,000 -3.5% --
07/11/2023 07/11/23 Price Changed $285,000 -1.0% --
06/16/2023 06/16/23 For Sale $288,000 -- --
Source: Forgotten Coast REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,774 $188,250 $188,250 --
2023 $1,106 $112,500 $112,500 $0
2021 $886 $83,000 $83,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 314489

Forgotten Coast REALTOR® Association

APN: 23-08S-06W-0000-0020-0061